8827 Mountain Path CIR, Austin TX 78759

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $830,596. To generate strong buyer interest while maximizing value, I'd price this between $708,000 and $718,000. In the current GREAT HILLS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (418 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1972 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in GREAT HILLS; a buyer's market based on recent absorption. The trend in GREAT HILLS shows prices have fallen 8% in the past 6 months. 8603 Appalachian DR, Austin TX 78759 nearby adjusts to $786,568; with a larger floor plan. 6 comparable transactions in GREAT HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group